Tag Archives: (NYSE:GLD)

Intermediate Bottom In Gold To Coincide With Equity Correction

Our stance has not changed. We remain heavily long stocks although we have been expecting a trip down into an intermediate bottom. This is why we took profits on some equity positions recently – including our TQQQ position. I still … Continue reading

Posted in Gold, Uncategorized | Tagged | Leave a comment

Gold Collapse In Full Gear

This is not a time to long call options in precious metals. The right play is to be out or to be long ETF’s where one can withstand this prolonged bottoming process. The gold collapse has resulted in the yellow … Continue reading

Posted in Gold | Tagged | Leave a comment

Is The Gold Bottom In ?

We have not seen these levels of sentiment since the bear market gold bottom more than two and a half years ago.  The gold bottom in fact may have occurred on the 19th of this month. It will be interesting … Continue reading

Posted in Gold | Tagged | Leave a comment

Intermediate Low Not In Yet For Gold

Gold (NYSE:GLD) suffered its biggest loss today (15th of June) for more than a year. It looks like the recent dollar strength has finally caught up with the yellow metal. There was basically two options that Gold had I felt … Continue reading

Posted in Gold | Tagged , | Leave a comment

Gold To Continue Trading Inversely To Equity Markets

On the metals side, gold (NYSE:GLD) looks like it is in no mans land. If we look at the last three years in this asset class, we can see that gold has more or less formed intermediate bottoms in the … Continue reading

Posted in Gold | Tagged , , | Leave a comment

Gold : Still No Trade Signal

Posted in Gold | Tagged | Leave a comment

January 10 : Gold May Have Bottomed

Gold (NYSE:GLD) is currently trading at $1,317 an ounce which may mean we have just printed a half cycle low. The junior mining ETF (NYSE:GDXJ) has returned to being the out-performer as it is currently is up 1.5% for the … Continue reading

Posted in Gold | Tagged | Leave a comment

Risk Remains Elevated In Gold

 

Posted in Gold | Tagged | Leave a comment

Portfolio Update – July 20

The NASDAQ (INDEXNASDAQ:.IXIC) has had a pretty good day today despite the S&P500 and Dow finishing slightly down for the day. I believe that’s where we will most probably put the rest of our capital to work for the remainder … Continue reading

Posted in Trading | Tagged , , | Leave a comment

Has Gold Printed A Mild Intermediate Low ?

Gold is in limbo at the moment when you study its cycles and its sentiment readings. We definitely are in the timing band for an intermediate cycle low which could have taken place on the eleventh of July. But there … Continue reading

Posted in Gold | Tagged | Leave a comment